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Topland Group, which is led by property investor Sol Zakay, has provided £150 million of real estate lending this year, the firm has reported.
Pricing is not necessarily the deal-breaker in real estate loan deals, with sponsors increasingly focused on ensuring adequate breathing space in covenants.
LaSalle Investment Management has raised almost £600 million across two funds for its European real estate debt strategies platform.
Real estate investor and lender Cain Hoy has provided a £290 million construction loan to Lodha UK to fund the development of the Lincoln Square residential scheme in central London.
Shariah-compliant bank Gatehouse Bank has appointed Charles Haresnape as its new chief executive.
Canadian property investment firm Timbercreek Asset Management has launched an Irish commercial property business, with Paul Roddy, formerly of Hudson Advisors and IBRC, leading the platform.
UBS Asset Management has provided a £17 million development financing facility to Inspired Asset Management to fund a ‘micro-apartment’ scheme in Greater Manchester.
ING Real Estate Finance has made its first loan in the Portuguese office market with a €40 million refinancing of three office buildings in Lisbon.
Barings Real Estate Advisers has provided finance to support Frankfurt-based property fund manager Corestate Capital’s maiden investment in the UK market, Real Estate Capital has learned.
Macquarie Lending has provided a £30 million loan to Carter Victoria Limited to finance the acquisition of three grade B office buildings in the Westminster area of central London.
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